SAN
DIEGO, Oct. 8, 2024 /PRNewswire/ -- Realty
Income Corporation (Realty Income, NYSE: O), The Monthly Dividend
Company®, today announced that it has declared the
652nd consecutive common stock monthly dividend. The
dividend amount of $0.2635 per share,
representing an annualized amount of $3.162 per share, is payable on November 15, 2024 to stockholders of record as of
November 1, 2024.
About Realty Income
Realty Income (NYSE: O), an
S&P 500 company, is real estate partner to the world's leading
companies. Founded in 1969, we invest in diversified commercial
real estate and have a portfolio of 15,450 properties in all 50
U.S. states, the U.K., and six other countries in Europe. We are known as "The Monthly Dividend
Company®," and have a mission to deliver stockholders
dependable monthly dividends that grow over time. Since our
founding, we have declared 652 consecutive monthly dividends and
are a member of the S&P 500 Dividend Aristocrats®
index, having increased our dividend for the last 30 consecutive
years. Additional information about the company can be found at
www.realtyincome.com.
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Exchange
Act of 1934, as amended. When used in this press release, the words
"estimated," "anticipated," "expect," "believe," "intend,"
"continue," "should," "may," "likely," "plans," and similar
expressions are intended to identify forward-looking statements.
Forward-looking statements include discussions of our business and
portfolio; cash flows; the intentions of management; and dividends,
including the amount, timing and payment of dividends related
thereto. Forward-looking statements are subject to risks,
uncertainties, and assumptions about us, which may cause our actual
future results to differ materially from expected results. Some of
the factors that could cause actual results to differ materially
are, among others, our continued qualification as a real estate
investment trust; general domestic and foreign business, economic,
or financial conditions; competition; fluctuating interest and
currency rates; inflation and its impact on our clients and us;
access to debt and equity capital markets and other sources of
funding (including the terms and partners of such funding);
continued volatility and uncertainty in the credit markets and
broader financial markets; other risks inherent in the real estate
business including our clients' solvency, client defaults under
leases, increased client bankruptcies, potential liability relating
to environmental matters, illiquidity of real estate investments,
and potential damages from natural disasters; impairments in the
value of our real estate assets; changes in domestic and foreign
income tax laws and rates; property ownership through joint
ventures, partnerships and other arrangements which may limit
control of the underlying investments; epidemics or pandemics,
including measures taken to limit their spread, the impacts on us,
our business, our clients, and the economy generally; the loss of
key personnel; the outcome of any legal proceedings to which we are
a party or which may occur in the future; acts of terrorism and
war; the anticipated benefits from mergers and acquisitions
including from the merger with Spirit Realty Capital, Inc.; and
those additional risks and factors discussed in our reports filed
with the U.S. Securities and Exchange Commission. Readers
are cautioned not to place undue reliance on forward-looking
statements. Forward-looking statements are not guarantees of future
plans and performance and speak only as of the date of this press
release. Actual plans and operating results may differ materially
from what is expressed or forecasted in this press release. We do
not undertake any obligation to update forward-looking statements
or publicly release the results of any forward-looking statements
that may be made to reflect events or circumstances after the date
these statements were made.
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SOURCE Realty Income Corporation